Class B Shares definition

Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.
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Class B Shares means the Class B ordinary shares, par value US$0.0001 per share, in the share capital of the Company.
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Class B Shares means shares of Class B Common Stock.
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Examples of Class B Shares in a sentence

  • The Company recorded loss and total comprehensive loss of approximately HK$49.6 million for the Reporting Period, which was mainly attributable to the expenses relating to equity-settled share-based payment expense related to conversion right of the Class B Shares and the Promoter Warrants upon the completion of a De-SPAC Transaction.

  • That percentage will be equal to the ratio of the total number of Class B Shares in the relevant Fund being converted at that time to the total number of outstanding Class B Shares (other than Class B Dividend Shares) held by the relevant Shareholder.Please see “Exchanges of Shares” below for details of the calculation of the CDSC on exchanged Shares that are subsequently redeemed.

  • The SPAC Class A Shares, SPAC Class B Shares and SPAC Preferred Shares are referred to herein collectively as “SPAC Shares”.

  • Shareholders wishing to convert their Class A Shares into Class B Shares must fulfil the Minimum Subscription amount as described above.

  • The amount of the CDSC that will be imposed on redemption on Class B Shares will depend upon the number of years since the Shareholder made the Purchase Payment from which an amount is being redeemed.


More Definitions of Class B Shares

Class B Shares means, as applicable, the HBB Class B Shares, the HY Class B Shares and the NACCO Class B Shares.
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Class B Shares has the meaning set forth in the recitals.
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Class B Shares means Shares of any Class B Share Class;
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Class B Shares means Class B common stock, par value $0.00001 per share, of the Company.
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Class B Shares means, as applicable, (a) the Class B Common Stock of PubCo, par value $0.01 per share, or (b) following any consolidation, merger, reclassification or other similar event involving PubCo, any shares or other securities of PubCo or any other Person or cash or other property that become payable in consideration for the Class B Shares or into which the Class B Shares are exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.
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Class B Shares means Class B Shares in the Company as set forth in the relevant
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Class B Shares is defined in the recitals of this Agreement.
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